Toei Company, Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the First Half Year Ending September 2018 and Full Year Ending March 2019
May 15, 2018 at 01:00 am EDT
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Toei Company, Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year ended March 31, 2018, the company reported net sales of JPY 124,317 million against JPY 128,411 million a year ago. Operating profit was JPY 17,469 million against JPY 17,462 million a year ago. Ordinary profit was JPY 21,379 million against JPY 20,046 million a year ago. Profit attributable to owners of parent was JPY 10,710 million against JPY 10,959 million a year ago. Basic earnings per share were JPY 848.47 against JPY 867.82 a year ago. Rate of return on equity was 7.1% against 7.9% a year ago. Cash flows from operating activities were JPY 15,799 million against JPY 16,036 million a year ago.
The company provided consolidated earnings guidance for the first half and full year of fiscal 2019. For the first half year ending September 2018, the company expects net sales of JPY 58,500 million, operating profit of JPY 7,250 million, ordinary profit of JPY 8,400 million, profit attributable to owners of parent of JPY 3,800 million, and basic earnings per share of JPY 301.03.
For the year ending March 2019, the company expects net sales of JPY 115,000 million, operating profit of JPY 13,600 million, ordinary profit of JPY 16,100 million, profit attributable to owners of parent of JPY 7,000 million, and basic earnings per share of JPY 554.52.
TOEI COMPANY, LTD. is a Japan-based company mainly involved in the image related business. It has five business segments. The Image-related segment is engaged in the production, distribution, import and export of theater movies, the production and sale of digital versatile disk (DVD), the production and distribution of television (TV) films, the development of movie films, as well as the advertising agency business, among others. The Distribution-related segment operates direct managed theaters and cinema complexes. The Event-related segment plans and operates the characters in its films and culture events. The Tourism and Real Estate segment is engaged in the leasing of real estate and the operation of hotels. The Construction and Interior Decoration segment is involved in the construction and interior decoration businesses.
Toei Company, Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the First Half Year Ending September 2018 and Full Year Ending March 2019